Breville reports profit up 7.5% to $50.2M

Company News

by David Chau

Breville Group Ltd (ASX:BRG) reported its net profit rose 7.5% to $50.2 million in FY16.

Breville also says its revenue increased 9.4% to $576.6 million.

The kitchen appliance manufacturer declared a final dividend of 14 cents per share (70% franked). This brings its total dividend up to 28.5 cents per share, 72.6% franked.

The company also says earnings per share were up 7.5% to 38.6 cents.

David Chau

Finance News Network
David joined FNN in April 2016. In addition to presenting the Market Outlook and latest business news stories, David interviews senior economists and CEOs of ASX-listed companies. Prior to working for FNN, David was a litigation lawyer.